Great Golden Opportunity Inc
- Assets
- $344.7k
- Revenue
- $108.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rosemead, CA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 81-3864289
Organization Overview
Great Golden Opportunity Inc is located in Rosemead, CA. The organization was established in 2019. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Golden Opportunity Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Great Golden Opportunity Inc generated $108.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $12.6k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Wong President | 5 | $0 | |
Vivi Wong Secretary | 5 | $0 | |
Kimberly Sabol Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,775 |
| Interest on Savings | $66 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $108,841 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $51 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $12,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $344,738 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $344,738 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Great Golden Opportunity Inc has awarded $12,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES MISSION PURPOSE: PAYMENTS TO PROVIDE MEALS, SHELTER, AND LIFE-CHANGING CARE FOR NEIGHBORS EXPERIENCING HOMELESSNESS. | $1,000 |
DOCTORS WITHOUT BORDERS USA PURPOSE: PAYMENTS TO CARE FOR PEOPLE AFFECTED BY CONFLICT, DISEASE OUTBREAKS, NATURAL AND HUMAN-MADE DISASTERS, AND EXCLUSION FROM HEALTH CARE. | $1,000 |
THE NATURE CONSERVANCY PURPOSE: PAYMENTS TO ADVANCE SCIENCE, FOSTER COLLABORATION, MAKE A GLOBAL IMPACT, SHAPE PRACTICAL POLICIES, AND SAFEGUARD NATURE. | $500 |
MING YA PURPOSE: PAYMENTS FOR SPIRITUAL ACTIVITIES INCLUDING PRAYER, MEDITATION AND WORSHIP. | $2,000 |
PHO DA SON QUAN AM PO TAT TU PURPOSE: PAYMENTS FOR SPIRITUAL ACTIVITIES INCLUDING PRAYER, MEDITATION AND WORSHIP. | $2,000 |
FRIENDS OF CHINATOWN LIBRARY PURPOSE: PAYMENTS TO PROVIDE FINANCIAL AID TO THE LIBRARY AND TO MAINTAIN THE SERVICES TO THE COMMUNITY, TO PROVIDE SCHOLARSHIPS TO THE STUDENTS AND TO ACQUIRE BOOKS FOR COMMUNITY SERVICES. | $6,000 |